. >> how much of the white house proposal is a line in the sand from your point of view? how much can that be moved and i'm asking you because now there comparisons this morning being made between president obama and president george w. bush overplaying a mandate, one through the election but overplaying it to the point where it would backfire as it did in president bush's case. >> what the president has asked for is 1.6 trillion net of new revenue. if you're going to get the kind of major entitlement reform that i and others believe you need to do to make sure that medicare and social security and other programs exist 20 years from now, there's that relationship to making sure there's a big enough revenue number. what he's laid out in terms of the rates just gets you a trillion. you will need net additional 500 billion beyond that i don't think he's overasked. everybody knows for those of us that have been successful, we'll pay more. more semantics about what format. let's have rates go back up. if we can really exercise the kind of discipline and tax reform that simpson